bernie

With his stranglehold on Formula One's commercial rights firmly in place, Bernie Ecclestone is more accustomed to taking money than spending it. But after selling his prized classic car collection a couple of years ago, the F1 supremo teamed up with Luxembourg-based Genii Capital in a bid to take ...

Reports emerging over the weekend indicate that GP2 has been purchased by CVC Capital Partners for a reported $300 million. Dang. What's GP2, you ask? It's a second-tier "feeder" racing series started in 2005 to give up-and-coming drivers a place to display their skills on a worldwide scale and a ...

Next year's Formula 1 calendar could contain an unprecedented 20 races. One of those races will be held for the first time on the island state of Singapore, and according to Bernie Ecclestone, it will be held at night. Both IRL and NASCAR have night races, so why not Formula 1? The reasons aren't ...

Who ever would have thought a Will Ferrell movie would ever be considered "prophetic," even jokingly? The absurd story of a French racing driver switching over from F1 to stock cars as the last remaining challenge is coming to life again and again. But unlike Jacques Villeneuve (or Colombian ...

Despite all the ongoing rumors of this country and that preparing bids for F1 czar Bernie Ecclestone, few of them are anywhere near that stage. As track designer Hermann Tilke has pointed out, many of the speculative locations lack circuits that would be ready to host grands prix. Tilke has to his ...

Click on the image above to view more pictures from the event. As promised, organizers put on quite the spectacle on Saturday when the Abu Dhabi Grand Prix was officially announced. Tens of thousands of people reportedly turned out for an F1 demonstration on the streets of the gulf emirate that ...